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United States accumulates $2.2 billion in seized Bitcoin (BTC)


United States accumulates $2.2 billion in seized Bitcoin (BTC)
U.S. government seizes 69,370 Bitcoin (BTC) in the last two months.
A period of 60 days has been granted to introduce claims for the BTC taken by the authorities.
BitGo receives sanctions from the U.S. Treasury Department.
On New Year’s Eve, the US government reveal that it had seized $12.7 million or 391 Bitcoin (BTC). Analyst Kevin Rooke made the report via his Twitter account and stated that it was the largest announced seizure of Bitcoin since November when 69,370 BTCs were taken by the authorities as part of a black market operation known as “Silk Road”. ....

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Bitcoin Reaches $24,000 as Institutional Adoption Continues, Raoul Pal Predicts $1 Million Per Coin in 5 Years


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Bitcoin Reaches $24,000 as Institutional Adoption Continues, Raoul Pal Predicts $1 Million Per Coin in 5 Years
December 21, 2020 @ 8:10 am By Omar Faridi
Bitcoin (BTC), the leading cryptocurrency, has entered uncharted territory. The digital asset recently managed to break record highs by surpassing the $24,000 mark.
Bitcoin is trading at just below $24,000 at the time of writing.
John Lee Quigley, who’s focused on building Bitcoin media and research products at
HASHR8, a cryptocurrency mining and media firm, confirms that BTC has “broken new boundaries” in 2020. The pseudonymous cryptocurrency finally surged past $20k at around 8 am New York time on December 17, 2020. And then roughly 24 hours later, BTC had surged to around $23,800, Quigley noted. ....

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